Binance is one of the world's largest and most popular crypto exchanges, offering various products and features for users to trade, invest, and explore the world of digital finance. In this article, we will highlight some of the new features and updates that Binance introduced in the past year.
## Binance Card
Binance Card is a crypto debit card that allows users to spend crypto directly from their Binance wallet with either Visa or Mastercard-supported merchants, depending on the country of residence. Users can enjoy up to 8% cashback on purchases, as well as exclusive discounts and rewards. Binance Card was launched in 2021, and has since expanded to several new markets, such as Ukraine, Argentina, Bahrain, Brazil, Colombia, and more¹.
## Binance Pay
Binance Pay is a peer-to-peer payment service that enables users to send and receive crypto payments instantly and securely. Users can choose from over 70 supported cryptocurrencies, as well as 800+ payment methods, such as bank transfer, PayPal, and WeChat Pay. Binance Pay also integrates with various merchants and partners, allowing users to shop with crypto, top up their mobile phones, and access DeFi services. Binance Pay was launched in 2021, and has since added 7,983 new merchants and partners into its ecosystem¹.
## Binance NFT
Binance NFT is a platform that allows users to create, buy, sell, and collect non-fungible tokens (NFTs), which are unique digital assets that represent art, music, games, and more. Binance NFT features various categories and collections, such as Mystery Boxes, Marketplace, Featured, and Premium Event. Users can also enjoy low fees, high liquidity, and exclusive content from artists, celebrities, and brands. Binance NFT was launched in 2021, and has since hosted several successful auctions and events, such as the Binance 4th Anniversary NFT Collection, the Binance Charity NFT for Good, and the Binance NFT Innovation Zone⁴.
## Binance Futures
Binance Futures is a platform that allows users to trade contracts that track the price of cryptocurrencies and speculate on their future movements. Users can trade with leverage up to 125x, and choose from various contract types, such as USDⓈ-M, COIN-M, and TON. Binance Futures also offers various tools and resources, such as charts, indicators, trading bots, copy trading, and research reports. Binance Futures was launched in 2019, and has since added several new features and updates, such as the Binance Futures Tournament, the Binance Futures Insurance Fund, and the Binance Futures Voucher Program³.
These are some of the new features and updates that Binance introduced in the past year, demonstrating its commitment to innovation and user satisfaction. Binance continues to build and improve its products and services, aiming to provide the best crypto experience for its users. To learn more about Binance and its offerings, visit [Binance.com]
References:
(1) A Year of Building: New Products and Functionalities of 2022 - Binance. https://www.binance.com/en/blog/all/a-year-of-building-new-products-and-functionalities-of-2022-6186788457998926346.
(2) Binance NFT: All the New Features and Updates You Need to Know. https://www.binance.com/en/blog/nft/binance-nft-all-the-new-features-and-updates-you-need-to-know-421499824684902617.
(3) Announcement | Binance Support. https://www.binance.com/en/support/announcement.
(4) New Cryptocurrency - Binance. https://www.binance.com/en/price/new-cryptocurrency.
(5) Getty Images. https://www.gettyimages.com/detail/news-photo/in-this-photo-illustration-the-binance-logo-is-displayed-on-news-photo/1496426886.